Federated Hermes Max-Cap Index Fund Institutional Shares (FISPX)

Fund Assets	283.52M
Expense Ratio	0.37%
Min. Investment	$1,000,000
Turnover	31.00%
Dividend (ttm)	0.08
Dividend Yield	0.83%
Dividend Growth	-1.84%
Payout Frequency	Quarterly
Ex-Dividend Date	Jun 15, 2026

Previous Close	9.59
YTD Return	12.85%
1-Year Return	19.95%
5-Year Return	74.02%
52-Week Low	7.92
52-Week High	9.74
Beta (5Y)	1.00
Holdings	479
Inception Date	Jul 11, 1990

About FISPX

Federated Hermes Max-Cap Index Fund Institutional Shares is a mutual fund designed to closely track the performance of the Standard & Poor’s 500 Index, a widely recognized benchmark representing the largest publicly traded companies in the United States. Its primary objective is to deliver investment results that generally correspond to the aggregate price and performance of the S&P 500, offering investors broad exposure to the U.S. large-cap equity market. The fund invests predominantly in common stocks of S&P 500 constituents and may also utilize derivative contracts to implement its strategy. With over 480 holdings, its portfolio reflects diverse sectors such as technology, healthcare, consumer goods, and financial services, with significant allocations to leading companies like Apple, Microsoft, and NVIDIA. The fund is structured for institutional investors, featuring a substantial minimum investment and a focus on efficient, low-cost index replication. As a large blend fund, it serves as a core holding for those seeking to mirror the overall performance and risk profile of the U.S. large-cap equity market through a passive investment approach.

• Fund Family: Federated
• Category: Large Blend
• Performance Rating: Above Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: FISPX
• Share Class: Institutional Shares
• Index: S&P 500 TR

Performance

FISPX had a total return of 19.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.55%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
VINIX	Vanguard	Vanguard Institutional Index I	0.03%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
FMXSX	Service Shares	0.67%
FMXKX	Class R Shares	1.12%
MXCCX	Class C Shares	1.45%

Top 10 Holdings

38.80% of assets

Name	Symbol	Weight
NVIDIA Corporation	NVDA	6.83%
Apple Inc.	AAPL	5.99%
E-mini S&P 500 Future Sept 26	n/a	4.84%
Federated Hermes Govt Obl Premier	GOFXX	4.36%
Microsoft Corporation	MSFT	3.86%
Amazon.com, Inc.	AMZN	3.29%
Alphabet Inc.	GOOGL	2.94%
Broadcom Inc.	AVGO	2.52%
Alphabet Inc.	GOOG	2.33%
Micron Technology, Inc.	MU	1.83%

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 15, 2026	$0.0158	Jun 16, 2026
Mar 16, 2026	$0.0174	Mar 17, 2026
Dec 15, 2025	$0.6309	Dec 16, 2025
Sep 15, 2025	$0.0186	Sep 16, 2025
Jun 16, 2025	$0.0167	Jun 17, 2025
Mar 17, 2025	$0.0188	Mar 18, 2025

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Aug 28, 2026

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